RE: Placing28 Apr 2021 17:33
I'll bet that nowhere near 40% is in the hands of retail investors...do the maths...
In any case, the Company managed to stimulate massive interest from their Institutional roadshow a couple of weeks ago, but the liquidity wasn't there...
You and I might think that would push the price up, but I think many retail investors are in for the long haul, don't trade the shares and if they do, do so at the periphery and...
When I was marketing our shares to institutions in the past most of them wouldn'tt invest unless they could get at least 3250,000 worth and its probably significantly more than that now...